Last year many streaming services began shrinking their once-robust content libraries in order to pay smaller licensing fees.
In the face of profit pressures and growing competition for viewers, streamers have taken to removing content to avoid the residual payments and licensing fees.
On one side is Netflix , Amazon and Apple — companies that agnostically license content from other studios to bolster their streaming libraries.
Disney-owned Hulu, meanwhile, has seen success with "feel good" 30-minute sitcoms and prestige dramas, Fandom's data shows.
Disclosure: Peacock is the streaming service of NBCUniversal, the parent company of CNBC.
Persons:
Stephanie Fried, Fried, Hey Arnold, Bell, Severance, Jacob, Jack Ryan, Bel, Universal's, Max, Peacock
Organizations:
NBC, Netflix, Apple, Universal, Warner Bros . Discovery, Paramount, Hollywood, Nickelodeon, Warner Bros, Disney, Amazon Prime, Hulu, HBO, CNBC
Locations:
auctioning, Kingstown, NBCUniversal